subject
Business, 25.06.2019 10:10 jessicajamah3289

3) atlantis is a small, isolated island in the south atlantic. the inhabitants grow potatoes and catch fresh fish. the accompanying table shows the maximum annual output combinations of potatoes and fish that can be produced. obviously, given their limited resources and available technology, as they use more of their resources for potato production, there are fewer resources available for catching fish. year quantity of potatoes (pounds) quantity of fish (pounds) a 1,000 0 b 800 300 c 600 500 d 400 600 e 200 650 f 0 675 examine the maximum annual output options table above and the resulting production possibility frontier graph below and answer questions from a-e. a. can atlantis produce 500 pounds of fish and 800 pounds of potatoes? explain. b. what is the opportunity cost of increasing the annual output of potatoes from 600 to 800 pounds? c. what is the opportunity cost of increasing the annual output of potatoes from 200 to 400 pounds? d. can you explain why the answers to parts b and c are not the same? e. what does this imply about the slope of the production possibility frontier?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:00
Afood worker has just rinsed a dish after cleaning it.what should he do next?
Answers: 2
question
Business, 22.06.2019 11:00
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
question
Business, 22.06.2019 15:10
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 1
You know the right answer?
3) atlantis is a small, isolated island in the south atlantic. the inhabitants grow potatoes and cat...
Questions
question
Chemistry, 13.11.2020 17:10
question
Mathematics, 13.11.2020 17:10
question
Mathematics, 13.11.2020 17:10
question
Mathematics, 13.11.2020 17:10
question
Spanish, 13.11.2020 17:10
Questions on the website: 13722361